"Blockchain" Wallet Plans To Disrupt The Coinbase Dominance of US Crypto Markets

in bitcoin •  7 years ago 

For most newcomers to cryptocurrency, Coinbase is the only user friendly option for converting US dollars into Bitcoin, Litecoin or Etherium, but the UK Based company Blockchain is hoping to change that by entering the US market.

Peter Smith, CEO of Blockchain told CNBC this week that they will be setting up sell services first.

"If we are prioritizing short-term gains, we would prioritize buy — that is what most people have done. But it's really time to make sure we nail that experience," Smith said.

Smith also said that the comany plans on adding multiple currencies to their exchange.

"What could happen this year is that I think we will see the dominance of bitcoin as a percentage of the market capitalization go down. That could be because other digital coins get strong, or that there are a lot more that are interesting," he said.

https://www.blockchain.com/

https://www.cnbc.com/2018/01/18/blockchain-wallet-launches-bitcoin-buy-and-sell-in-the-us.html

(sources for article are hyperlinked at the site above)
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In fact, that is needed to bring down the dominance of bitcoin more and more. Why you should only be able to buy Bitcoin and maybe Ether but not other Coins with high potential for fiat? It shouldn't be too difficult to add more leading coins to such a service.

Nice

Thanks for sharing such type of info